Sylvie Corbet and Angela Charlton, Associated Press Updated 3:20 pm PST, Monday, December 10, 2018 TV screens show French President Emmanuel during a televised address to the nation, at an electrical appliance store in Marseille, southern France, Monday, Dec. 10, 2018. President Emmanuel Macron has acknowledged he's partially responsible for the anger that has fueled weeks of protests in France, an unusual admission for the leader elected last year. less TV screens show French President Emmanuel during a televised address to the nation, at an electrical appliance store in Marseille, southern France, Monday, Dec. 10, 2018. President Emmanuel Macron has ... more Photo: Claude Paris, AP Photo: Claude Paris, AP Image 1 of / 10 Caption Close Image 1 of 10 TV screens show French … [Read more...] about Macron vows tax cuts, pay rise; will France’s anger subside?
Taxing bonus pay
DO you ever get up in the morning and think to yourself: “Do you know what, I really don’t pay enough tax”? I thought not. According to new polling by YouGov, only three per cent of us think we aren’t handing the taxman enough — and just 17 per cent that most people pay too little. It’s hardly surprising. For most, the biggest thing they want politicians to tackle in their own lives is the cost of living. The more the taxman takes, the harder it gets to cope. Yet when you talk to ordinary people about tax, you find out that it is not a financial issue. It’s a moral one. They’re not greedy. Or selfish. They know the NHS needs money. And the police. But they also know that if the state takes too much of what you earn, you’re not going to bother earning it in the first place. So they think that you should always work if you can — but that it should always pay to work. And if the Government is taking more than half, you’re … [Read more...] about It must pay to work – because if it doesn’t, why do we even bother?
PHILIP Hammond is poised to ditch plans for a VAT tax raid on small firms and White Van Man in favour of a less radical option that would see traders phased into the sales tax regime more gradually. Treasury insiders say he has been persuaded against a controversial Budget move to halve the VAT threshold to £43,000, which would have dragged hundreds of thousands of small firms into the burdensome VAT system. Instead the Chancellor is expected to freeze it at £85,000 until 2022 - and then introduce a sliding scale system where the more they earn the more income falls into VAT. EU rules currently bar Britain from charging a gradually higher rate of sales tax the more firms earn because it wants to move all member states towards using the same VAT regime. But Mr Hammond will pledge to use Brexit to free Britain of these restrictions and introduce a phasing-in approach. This will remove the cliff-edge scenario where firms are suddenly hit with a massive mountain of paperwork when … [Read more...] about Philip Hammond set to ditch plans for a VAT tax raid on small firms and White Van Man in Autumn Budget
Isobel Asher Hamilton, provided by Published 3:58 am PDT, Thursday, October 11, 2018 FILE- In this Dec. 21, 2016, file photo an employee of Amazon PrimeNow stacks shelves for customers making last minute holiday orders at a distribution hub in New York. Amazon’s plans to pay employees at least $15 an hour is putting pressure on small business owners, even those that aren’t retailers who directly compete with the huge company. less FILE- In this Dec. 21, 2016, file photo an employee of Amazon PrimeNow stacks shelves for customers making last minute holiday orders at a distribution hub in New York. Amazon’s plans to pay employees at ... more Photo: Bebeto Matthews, AP Amazon WarehouseGet acquainted with this section of the website which deals in "quality" open box or refurbished items. There are a lot of discounts here.Source: HelloGiggles Amazon Warehouse Get acquainted with this … [Read more...] about Amazon offers another pay bump after disgruntled workers email Jeff Bezos directly
FOR the Victorians, living off immoral earnings was a crime committed by pimps who leeched money from the prostitutes they controlled. Now we have a new 21st-century offence of living off immoral earnings — practised by tech giants that exploit their work-forces and avoid paying taxes. This may not be a crime. But the hi-tech hypocrisy of self- righteous, tax-dodging corporations such as Facebook and Amazon looks as repulsive as a Victorian pimp. Facebook just announced its 2017 results, as revealed in yesterday’s Sun, and they don’t make good reading for British taxpayers. Mark Zuckerberg’s company had UK sales of £1.2 billion — and paid the princely sum of £7.4m in tax. That’s an effective tax rate of around 0.62 per cent on UK revenues. As former Tory minister Nick Boles said: “It’s quite clear that Facebook is not paying a fair share. What they are doing may be legal, but that doesn’t make it moral.” They … [Read more...] about Paltry £7million tax isn’t illegal — but how can you live with your selfie Facebook?